Craftsmen of Capital

Our investment-banking clients face challenges that require matchless expertise. We work for executives who want to strike fresh capital. We serve professionals who deploy institutional wealth. These efforts complement each other in unexpected ways. Our creativity and rigor empower us to connect both sides of the transaction.

Wall Street Newsroom

Bitcoin Becomes a Tech Stock

Our approach to Bitcoin and other cryptocurrencies has been modelled over the years to align with our stance on frontier stock markets, such as Morocco and Kazakhstan.

SPACs Wither. Do Not Blame Washington.

Special purpose acquisition companies are being left for dead by investors. In the US, two recent collapses in deal structure include Forbes Media and SeatGeek. They join more than…

Churn Is Valuation Flare

Customer retention is essential to business survival. It measures the underlying health of a firm. In April, Netflix announced it had lost some 200,000 subscribers in the first quarter…

Bureaucrats Bungle Cybersecurity

One year after the Colonial Pipeline ransomware attack—which shut down fuel supplies on the East Coast for five days—the US Senate has released a damning 50-page report on…

How Many Covid-19 Deaths Are Too Many?

We are responsive to the view that a pandemic ends when people say that it ends. Despite the more casual attitude toward Covid-19 in diverse geographies, statistics remain sobering…

In Colombia, Coal Is New-Found Priority

The war in Ukraine has jolted Colombia, at least economically. We are struck by news that Bogota is trying to accelerate coal output, as well as identify mining surpluses, to fill at-hand…